[Ip-health] ITPC Antiretrovirals Becoming More Profitable for Pharmaceutical Industry, Los Angeles Times Reports

Mon Mar 3 12:53:06 2008

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[ Picked text/plain from multipart/alternative ]

Michelle Childs
Head of European Affairs
Knowledge Ecology International
michelle.childs@cptech.org

"The world we have made, as a result of the level of thinking we have
done thus far, creates problems we cannot solve at the same level of
thinking at which we created them=94 Albert Einstein

Begin forwarded message:

> From: Fionnuala Murphy  action aid
>
> ITPC Antiretrovirals Becoming More Profitable for Pharmaceutical
> Industry, Los Angeles Times Reports
>
>
>
>
> February 22, 2008
> Antiretroviral drugs are becoming a "growing profit center" for the
> pharmaceutical industry as treatment for HIV-positive people
> worldwide improves, the Los Angeles Times<http://www.latimes.com/business=
/la-fi-hiv21feb21,1,6460362.story
> > reports.
>
> According to the Times, sales of antiretrovirals for Gilead Sciences<http=
://www.gilead.com/
> >, which sells antiretrovirals to about one half of all HIV-positive
> people taking drugs nationwide, reached $3.14 billion in 2007, an
> increase of 48% from 2006. Sales of all antiretrovirals are expected
> to increase from $6 billion in 2007 to $11 billion by 2015,
> according to Datamonitor<http://www.datamonitor.com/>.
>
> The increase in antiretroviral profits is fueled in part by longer
> life expectancies for people living with HIV/AIDS and earlier
> treatment of the virus. HIV vaccine development has stalled and HIV/
> AIDS rates are increasing in some communities after being stabilized
> for years, the Times reports. In addition, once-daily
> antiretrovirals such as Truvada and Atripla have made the virus
> easier to treat and have helped increase treatment adherence.
>
> According to the Times, Gilead's success in the antiretroviral
> market in part is because of its "foresight" in developing once-
> daily medications. Atripla -- which was introduced in 2006 and
> combines Gilead's antiretrovirals Viread and Emtriva with
> GlaxoSmithKline<http://www.gsk.com/>'s antiretroviral Sustiva -- is
> the most prescribed medication for HIV-positive people beginning
> treatment in the U.S. The drug -- which costs about $1,300 monthly
> -- is expected to reach $1 billion in sales this year.
>
> Gilead CEO John Martin said that many pharmaceutical companies were
> "scared off" from developing HIV treatment because of "political and
> assumed financial pressure." In addition, many companies did not
> believe antiretrovirals would be profitable because two-thirds of
> HIV-positive people live in developing countries in Africa, the
> Times reports. Homayoon Khanlou, a Los Angeles-based HIV expert,
> said once-daily antiretrovirals are a "milestone because of how easy
> they are to use." Martin added that Gilead "recognized" a
> "significant unmet medical need" in making HIV treatments easier to
> follow.
>
> Some doctors have expressed concern that once-daily antiretrovirals
> could be responsible for a recent increase in cases as more people
> begin to view HIV/AIDS as a manageable, chronic illness. Khanlou
> said public health experts and the pharmaceutical industry should
> continue to warn people about the virus, adding, "We've made too
> much progress to start going back" (Costello, Los Angeles Times,
> 2/21).
> ________________________________
>
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